Today’s Trade Scalper & Atlas Line (Winning) Signals

Take a look at these winning trades! First, we begin with a 1-min chart using the Atlas Line. Once price crossed below the Atlas Line and closed twice, all of the signals were short (sell). These were good signals because the price fell soon after. Likewise, when price passes through the Atlas Line and closes twice above it, we have at least one long (buy) signal.

At 1:54 in the video, we move on to the Trade Scalper price action signals. The Trade Scalper is a scalping method, so the idea is to place a trade and get out with a profit quickly. Nowadays, the markets are volatile, so we have to adapt the Trade Scalper approach. This means going for larger moves and using a 1-Minute chart. For example, each of the winning signals displayed in the video were worth about two points. In comparison, during “normal” market conditions, the profit target would have been three ticks.

For both the Trade Scalper and Atlas Line, we use the ATR (Average True Range) to determine up-to-date volatility. Because the ATR (Average True Range) was near 3.5 for the Trade Scalper trade, this would have been the approximate profit target.

Jump to 3:28 in the video to see a full display of Trade Scalper signals. See for yourself the difference a long-used, price action strading system can make! Purchase the Trade Scalper, Atlas Line, or both – click here to see all our courses and software.

Two Great 3-Point E-mini Scalping Trades

This video begins with a Long (buy) price action trading signal from the Trade Scalper. The E-mini S&P 500 (ES in NinjaTrader) is being traded here on a 1-Minute chart. As such, John Paul places a buy/long order using the NinjaTrader SuperDOM.

On the bottom of the chart, you’ll see the ATR (Average True Range). This indicator is configured using a Period value of 4. That means the last four bars are used to calculate the ATR value. Normally, the default Period value is 14. We prefer the value of 4 because the indicator will visually communicate more recent market conditions; specifically volatility, and how much we should “go for” regarding a profit target and stop loss.

Once the trade is placed, notice the green profit target and red stop loss lines on the chart. These appear because John Paul is using (and has preconfigured) an ATM Strategy. The ATM Strategy allows for the instant application of the profit target and stop loss per trade.

Because the market is more volatile than normal, a stop of a few ticks or a point will easily be hit (and get you out of the trade prematurely). With the Trade Scalper, the idea is short-term trades. Be out sooner. With volatile conditions, use your imagination to consider why a larger stop loss is needed. By about 4:15 in the video, the trade is over with. By 5:23 in the video, you’ll see multiple winning trades.

Want to see the Trade Scalper signals on your own chart? Click here to purchase the Trade Scalper.

NinjaTrader 8 How-To Beginner Video Tutorial

Here’s an updated version of our popular NinjaTrader 8 “crash course” video. This covers nearly all steps recommended for basic NinjaTrader 8 setup. If you are considering day trading or simply want to play around with NinjaTrader 8, this video is a must-watch. We believe the instruction is straightforward.

The presentation begins with instructions for how to download NinjaTrader 8. From there, we discuss installation, configuration, and chart navigation. Because the trading platform does not include a real-time data feed, you must request one. Watch the video’s instructions on how to plug in the data feed. From there, you can open up a real-time chart. This is the start of the trading experience. Once you see real-time candles, then it’s probably just a matter of time before you get a sense of what you’re looking at.

On the chart, you are looking at price traveling through time. Price is constantly fluctuating. As a trader, your job is to find profitable trades and minimize losses. This is often easier said than done, as experienced traders will tell you. This is why we have a number of trading courses and software. We hope they help you reduce the learning curve. In fact, our eight-week Mentorship Program is the most comprehensive solution we offer, providing over 10 trading methods in the form of indicators and learned/applied methodologies.

Going forward in the video, you’ll see a number of tweaks that we recommend. Showing the date range in the upper-left of the chart is one example. We also recommend setting Chart Trader to hidden which allows for-profit target and stop-loss lines on the chart, providing you also have applied an ATM Strategy.

If you have any questions about the material or our courses and software, please let us know. Our email is support@daytradetowin.com.

Market Forecast: 2 E-mini Support Levels You Should Know

Here’s a market update video featuring the E-mini S&P 500 and our Atlas Line software and signals. Due to the Atlas Short signal, the Atlas Line indicator said to look for short (sell) opportunities. Do you think the market will reverse or drop lower? For clarity, we switch from 1 5-Minute to a 1-Minute, and then to a 10-Second chart. The Atlas Line short/sell signal direction stays true regardless.

Here’s the market forecast…

Traders have been emailing us to let us know they continue to use our software and are holding positions for longer. What can we expect for long-term positions? Firstly, it’s important to understand markets typically fall faster than they rise. It will take longer for markets to work their way back up. According to John Paul’s analysis, the current support level for the E-mini S&P 500 (ES) is 2750. If this support level breaks, another exists at 2355 (consistent with lows in December 2019). Confirm for yourself on a daily chart and look back at historical price activity. If price drops below 2700, John Paul expects a swift and significant price drop (sell-off). Why? Many traders have their stops at 2700. People (and sometimes algorithms) like whole numbers like 2700. Buyers will have to cover the losses, thus triggering selling in the opposite direction as a recovery reversal to sell the market. More people and systems may attempt to sell further to recover, driving price down further. If John Paul is correct and you trade this properly, it could be quite lucrative.

To receive more direct analysis and full access to all of our trading signals and methods, join our upcoming Mentorship class. It begins March 16, 2020. For this class only, we’re offering 0% financing in special installments. Email us at support@daytradetowin.com for details.

How to Trade S&P 500 Circuit Breaker Conditions

Yesterday, March 9, 2020, fast price fluctuations triggered a market “circuit breaker,” whereby the markets temporarily paused. Officially, this is called a “cross-market trading halt.” The big S&P 500 is often considered the leading indicator of U.S. (and perhaps the world) corporate/economic performance.

Trigger (Level) 1: If S&P drops 7%, trading pauses for 15 min.
Trigger (Level) 2: If S&P drops 13%, trading pauses (again) for 15 min.
Trigger (Level) 3: If S&P drops 20%, trading stops for the day.

According to CNN, “…circuit breakers pause and ultimately halt trading to avoid a repeat of ‘Black Monday’ on October 19, 1987, when the Dow crashed 22.6% in a single day.”

Would you like to know how to trade such conditions? Watch this video…

As you can see, the Trade Scalper produced a number of accurate signals. When the ATR (with a period value of 4) exceeds the values discussed in the video, be careful and use your stops.

We applied the Atlas Line to a 1-Minute chart and noticed a number of good signals throughout the day as well. With the Atlas Line, the goal is usually to make a profit within four bars. We normally use a 5-Minute chart, but due to volatility, it may benefit you to use a smaller time frame like a 1-Minute chart.

To receive all of our courses and software, join our all-inclusive, eight-week Mentorship Program. Just for the month of March 2020, we are offering special 0% financing with scheduled monthly payments. The next class begins March 16, 2020. Email us for details at support@daytradetowin.com.

Today’s Webinar: Price Action, Signals, & Technical Analysis

In case you missed today’s live webinar today, you can watch the replay here:

Want to see the same signals? View our courses page or save money by getting everything via Mentorship enrollment.

This presentation covers:

• How to recognize unprecedented opportunities provided by recent market conditions
• Technical analysis, projections, and estimations based on many years of experience
• Real-time signals for our various trading systems, including the Trade Scalper and Atlas Line
• Adapting your trading approach to real-time conditions to minimize risk and maximize performance
• How to use two different economic calendars to keep track of scheduled financial news that impacts the market

Volatile Price Action Signals: Trade Scalper & Atlas Line

As a reminder, we provide a full training video for either product you decide to go with: the Atlas Line or Trade Scalper. If you prefer to get both and a bunch of other trading methods in one complete package, join our eight-week Mentorship Program. Mentorship teaches everything we have, which totals to about 10 different trading techniques. We teach a full plan so you can tackle the markets every day with a goal to be much more confident and successful than before. Mentorship is the most cost-effective way to acquire everything (rather than purchase each item individually). Also, some methods are Mentorship-only.

As seen at the beginning of this video, a recovery trade can sometimes help recover from a previous losing trade. The goal (profit target) is 2.5 points. This is higher than usual for scalping, but the markets have been volatile lately. If you find the market is too volatile for your personal situation, you may want to avoid trading. Pick and choose the signals that make the most sense. As demonstrated, by 1:50 in the video or so, John Paul is out of the trade with a win.

Of course, in volatile conditions, you have to increase your stop loss. A regular stop loss of several ticks will not work; regular market fluctuations will soon get you out. Timing with the Trade Scalper is important. You will want to make sure you get in and out quickly. If price candles are forming quickly (as seen here on a 2 Range chart), be cautious. At 4:30, you can see an overview of the day’s trading.

This second video focuses on the Atlas Line trading under volatile conditions. As you can see, there is a Short signal at 2974.75. John Paul increases the profit target and stop loss due to the rapid conditions. He says the Atlas Line has been very accurate under these volatile conditions. As a more affordable option, you can trade the MES (Micro E-mini) rather than the big E-mini.

At 3:27, take a look at the entire day’s worth of price action and Atlas Line signals. You’ll see there was a nice Long signal about 50 min. The Strength (S) and Pullback (P) trades are not worth taking under such volatile conditions. Focus on the main signals instead. Remember that you’ll only get an Atlas Line main signal when price closes above or below the (usually diagonal) Atlas Line. This typically happens within the first 40 minutes after market open and again later on during one or more intersects (when price closes above or below again).

As a reminder, we provide a full training video for either product you decide to go with: the Atlas Line or Trade Scalper. If you prefer to get both and a bunch of other trading methods in one complete package, join our eight-week Mentorship Program. Mentorship teaches everything we have, which totals to about 10 different trading techniques. We teach a full plan so you can tackle the markets every day with a goal to be much more confident and successful than before. Mentorship is the most cost-effective way to acquire everything (rather than purchase each item individually). Also, some methods are Mentorship-only.

Understanding the basics of Forex risk management

The Forex market can offer financial freedom to everyone. But for that, you must learn to trade this market like pro traders in the United Kingdom. Starting to trade the market like a gambler and depending on human emotions is not going to work. To survive in this complex market, you must learn to analyze the risk factors at trading. If you notice, on the brokerage firm website, you will always see a fair warning that makes it clear that trading involves high risk. This should be very obvious that very few people are making a profit. So, why is the success rate is so low even though we are getting all the advanced features in the trading platform? The answer depends on the risk management skills of the traders.

Learning to manage risk is the most difficult task in the trading business. If you fail to limit the risk exposure at trading, it will be really hard to make a big profit from this market. For this reason, we are going to discuss some of the key things that will allow you to know the details of risk management policy.

The famous 2% rule

Everyone must have heard about the famous 2% rule of money management. If you want to make survive in the Forex market, you must learn to trade the market with managed risk. Instead of relying on a super complicated trading method, you have to create a simple rule. At the initial stage, stick to the basic 2% rule of money management. This means you will never risk more than 2% of your account balance in any trade. Though this might sound like the right way to trade the market, it one of the most efficient ways to protect your trading capital.

Trade with the best broker

You must trade with the best broker to reduce the risk of trading. Some of you might not have a clear idea of why we are emphasizing the importance brokers in ensuring the safety of your trading capital. To make things clear, think about the Saxo Bank. They have multiple regulations and you are not going to have trouble in withdrawing the funds. The funds will be in the safe hands and you can easily trade the market by using the premium trading tools. Your success greatly depends on the brokerage firm. Unless you trade this market with a high-end broker, you are never going to make any profit.

Trade with the trend

Limiting the risk factors is not the only way to protect your trading capital. If you want to make a big profit, you must have a decent win rate. When the win rate is high, you don’t have to worry about losing trades. For that, you must learn to trade with the major trend. When you analyze the major trend, use the higher time frame data. However, you need to care about the major reversal in the market. Never think that placing the trades in favor of the trend is going to make your rich. Stay on the safe side and be prepared to lose trades.

Be ready to lose trades

Having a strong mindset is the most crucial thing in trading. If you are not ready to lose a trade, it will be hard to make a profit in the trading industry. As a currency trader, you need to think about the worst-case scenario first. If you can start accepting losing trades regularly, you won’t have any problem with your risk management policy. Start with the basic concepts. Never risk any amount which you can’t afford to lose. That way, you will be always on the safe side and can easily trade even after losing a few trades. Think about the risk to reward ratio of the trade setup. This is the most important thing since it will help you to recover the losses.

Price Action Webinar: Many Live Signals Discussed

Webinar Part 1 of 3

Here we start off a webinar recorded February 25, 2020. Many traders were invited and attended. First, you’ll see the Trade Scalper signals applied to multiple charts, including the CL (Crude). The Trade Scalper basically plots Long (Buy) and Short (Sell) signals according to its built-in calculations. Though we teach how it works, you could follow the signals and manage orders based on the rules we teach. See all of our courses and software here.

We saw volatile price activity yesterday. According to many media sources, this activity was due to coronavirus. Many experts are predicting a worldwide crisis in the coming weeks and months due to the virus’s impacts on China, arguably Earth’s major manufacturing hub. Therefore, we may see more volatility as the markets react to infections occurring in other countries. At this time, many are watching Iran, South Korea, and Italy with great concern. If the markets react to these countries, what happens if the virus becomes widespread in Europe and Americas? We certainly hope that does not occur, but we must watch carefully. Watch how John Paul handles increased volatility by adjusting his stop loss among other measures.

Webinar Part 2 of 3

Part two begins with setting up an ATM Strategy in the Dynamic SuperDOM. An ATM Strategy is a feature built into NinjaTrader that allows you to preconfigure a profit target and stop loss setting. You can then apply this setting when you’re making a trade. ATM Strategies save you time from having to enter the profit and stop loss on the fly (in the middle of trade). As humans, we don’t want to click or type the wrong value under pressure/time constraints. It’s often wise to configure a few ATM Strategies. This way, you can select the most applicable one based on current market conditions. Pay attention to part two, here, because it also covers some regular SuperDOM use. We prefer using the SuperDOM rather than the Chart Trader panel. The SuperDOM provides a few more features.

Webinar Part 3 of 3

Here, you can see the Atlas Line running on a 5 Minute chart alongside the Trade Scalper running on a 2 Range chart. Look at how fast the 2 Range chart is in comparison. If you are comparing both products, go with the one that fits how you want to trade. Some people like fewer, larger trades. In that case, go with the Atlas Line. If you want more, smaller trades, go with the Trade Scalper. There are other reasons why you’d pick one over the other. If you need help, email us at support@daytradetowin.com.

At about 5:00 in, you can see the Roadmap software. The Roadmap is a method that’s pretty much exclusive to our eight-week Mentorship Program. We use the Roadmap to find potential areas of support and resistance. There are specific A, B, C, and D levels that all mean something (we teach this in Mentorship). Also, the Roadmap software provides signals, though they occur much less often than the Trade Scalper, in comparison. We consider the Roadmap to be one of the foundational techniques. Use it for filtering, confirmation, etc.

The next Group Mentorship class begins Feb. 27, 2020. Classes are twice a week for the first six weeks. The final two weeks, classes are once a week. In total, it’s about 14 hours of live training with an instructor. All of our courses and software are included with lifetime licenses. You can enroll with $500 and receive the first week’s course and software (ATO 2) to use ahead of time. Click here for our Mentorship page.

Can You Make Money Trading Volatile Markets?

Buy the Atlas Line, Trade Scalper, ATO 2, or enroll in Mentorship.

If you’ve been following our videos for some time, you’ll notice we use the ATR to gauge volatility. In the video, the ATR value is > 10. Take a look at that green line and value near the bottom of the chart. Very volatile conditions!

The Atlas Line signals were good. After a Long signal, price went up. After a Long signal, price went down. The signals look like winners. The first trade had a profit target of three points. Trading one contract, that trade would have been worth $150 before any broker or exchange fees. Not bad. If you have the funds to trade using more contracts, you could multiple that profit value (but remember to factor in broker and any exchange fees). Notice how the ATR value was much lower than 10 at the times those signals were produced. Would you place a trade with an ATR of 10 or higher if the Atlas Line or another system told you to?

We often advise staying out of the markets when they’re that volatile. If you’re in a trade and the market becomes volatile, you can close your position. However, you may incur a loss or smaller profit. The Atlas Line and our other methods incorporate multiple stop loss rules. For example, although a trader typically uses one stop loss at a time, the rules for the Atlas Line get you out of the trade if 20 minutes have passed or a candle closes on the opposite side of the line.

In some cases, when a market suddenly gets really volatile, the trade can still work out in your favor. The second Atlas Line trade was worth 3.75 points (18 ticks * $12.50/per tick on the E-mini = $187.50 profit before broker or exchange fees). If you were trading two contracts, that would have been $375 before any additional fees. A decent daily wage for many in just a few minutes. Of course, day trading is not like a typical occupation, so be sure to read through the risk information we have on our site.

Want to see the Trade Scalper performance? Jump to 7:20. Skip to 9:45 to see an example of how a Trade Scalper trade looks in real-time.

All trades should be considered hypothetical. No guarantees or claims of performance are offered. Past performance is not indicative of future results. Day trading is risky and may cause substantial financial loss. Individual performance may vary, as trading subjects your finances to new, unexpected market conditions. You are responsible for executing trades. Before trading, consult with a licensed broker and a financial expert see if day trading is suitable for you.